Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹66Cr
Rev Gr TTM
Revenue Growth TTM
-6.71%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

CTE
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 111.7 | 44.9 | 4.9 | 24.5 | -7.4 | 1.9 | -1.1 | -2.5 | -11.5 | -6.5 | 2.5 | -9.3 |
| 57 | 53 | 45 | 40 | 48 | 58 | 67 | 51 | 50 | 47 | 44 | 40 |
Operating Profit Operating ProfitCr |
| 7.2 | -0.9 | -2.3 | 25.2 | 16.4 | -8.8 | -54.6 | 1.6 | 1.2 | 6.0 | -0.1 | 14.3 |
Other Income Other IncomeCr | 1 | 1 | 1 | 1 | 3 | 3 | -1 | 2 | 1 | 3 | 1 | 0 |
Interest Expense Interest ExpenseCr | 2 | 1 | 1 | 2 | 4 | 4 | 2 | 3 | 1 | 2 | 3 | 2 |
Depreciation DepreciationCr | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 3 |
| 0 | -3 | -4 | 9 | 6 | -9 | -28 | -4 | -5 | 1 | -5 | 2 |
| 1 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | -110.2 | -151.2 | -382.1 | 17,680.0 | 1,292.1 | -135.8 | -579.8 | -149.8 | -237.5 | 107.0 | 82.0 | 128.2 |
| -0.6 | -6.8 | -9.8 | 16.8 | 7.9 | -15.7 | -67.3 | -8.6 | -12.3 | 1.2 | -11.8 | 2.7 |
| -0.2 | -1.7 | -1.9 | 4.7 | 2.8 | -4.3 | -14.8 | -2.3 | -3.2 | 0.3 | -2.6 | 0.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| 28.1 | 104.1 | 52.8 | -1.5 | 3.5 | 3.1 | 3.6 | 2.5 | 62.1 | 13.3 | -3.5 | -3.6 |
| 27 | 54 | 79 | 82 | 80 | 92 | 99 | 95 | 163 | 185 | 226 | 181 |
Operating Profit Operating ProfitCr |
| 17.7 | 17.4 | 21.6 | 16.9 | 22.5 | 12.9 | 9.9 | 15.0 | 10.3 | 10.3 | -13.5 | 5.4 |
Other Income Other IncomeCr | 1 | 1 | 4 | 1 | 1 | 2 | 7 | 2 | 3 | 5 | 5 | 5 |
Interest Expense Interest ExpenseCr | 0 | 0 | 1 | 2 | 1 | 2 | 1 | 1 | 3 | 9 | 9 | 7 |
Depreciation DepreciationCr | 3 | 6 | 4 | 3 | 3 | 8 | 7 | 7 | 9 | 10 | 15 | 16 |
| 4 | 7 | 21 | 12 | 20 | 5 | 9 | 12 | 10 | 8 | -46 | -8 |
| 1 | -3 | 5 | -1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
|
| 182.0 | 190.0 | 80.0 | -20.8 | 46.0 | -74.7 | 84.9 | 11.2 | -16.6 | -31.7 | -961.5 | 80.0 |
| 9.7 | 13.8 | 16.2 | 13.0 | 18.4 | 4.5 | 8.1 | 8.7 | 4.5 | 2.7 | -24.2 | -5.0 |
| 1.6 | 4.6 | 8.3 | 6.6 | 9.6 | 2.4 | 4.5 | 5.0 | 4.2 | 2.8 | -24.5 | -4.9 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| 9 | 19 | 26 | 37 | 42 | 51 | 52 | 66 | 79 | 93 | 48 | 48 |
Current Liabilities Current LiabilitiesCr | 4 | 13 | 36 | 30 | 43 | 21 | 33 | 29 | 44 | 87 | 71 | 52 |
Non Current Liabilities Non Current LiabilitiesCr | 1 | 2 | 1 | 2 | 3 | 9 | 7 | 20 | 34 | 73 | 57 | 61 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 17 | 22 | 28 | 39 | 74 | 51 | 74 | 76 | 106 | 159 | 116 | 98 |
Non Current Assets Non Current AssetsCr | 17 | 31 | 54 | 51 | 34 | 52 | 40 | 59 | 70 | 113 | 80 | 82 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 8 | 10 | 28 | 0 | 0 | 21 | 16 | 6 | -22 | 12 | 52 |
Investing Cash Flow Investing Cash FlowCr | -5 | -17 | -35 | 2 | 0 | -18 | -6 | -26 | -9 | -43 | -33 |
Financing Cash Flow Financing Cash FlowCr | 0 | 6 | 5 | -2 | 2 | -4 | 2 | 18 | 21 | 52 | -42 |
|
Free Cash Flow Free Cash FlowCr | 2 | 1 | 27 | 0 | -1 | -1 | 8 | -19 | -31 | -25 | 19 |
| 242.4 | 108.4 | 173.7 | 0.2 | -1.8 | 450.4 | 183.5 | 65.4 | -270.0 | 222.6 | -108.5 |
CFO To EBITDA CFO To EBITDA% | 132.6 | 85.9 | 130.2 | 0.1 | -1.4 | 157.9 | 149.5 | 38.0 | -117.4 | 58.7 | -194.4 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 35 | 227 | 182 | 130 | 88 | 27 | 50 | 122 | 97 | 162 | 67 |
Price To Earnings Price To Earnings | 11.3 | 25.1 | 11.2 | 12.6 | 4.7 | 5.6 | 5.7 | 12.4 | 11.9 | 29.1 | 0.0 |
Price To Sales Price To Sales | 1.1 | 3.5 | 1.8 | 1.3 | 0.9 | 0.3 | 0.5 | 1.1 | 0.5 | 0.8 | 0.3 |
Price To Book Price To Book | 1.2 | 5.9 | 4.0 | 2.3 | 1.4 | 0.4 | 0.7 | 1.4 | 1.0 | 1.4 | 1.0 |
| 5.5 | 20.1 | 8.9 | 8.3 | 4.1 | 2.3 | 3.0 | 7.2 | 6.7 | 10.8 | -5.0 |
Profitability Ratios Profitability Ratios |
| 97.2 | 95.2 | 95.1 | 68.3 | 92.6 | 92.5 | 94.9 | 93.7 | 94.5 | 94.2 | 94.0 |
| 17.7 | 17.4 | 21.6 | 16.9 | 22.5 | 12.9 | 9.9 | 15.0 | 10.3 | 10.3 | -13.5 |
| 9.7 | 13.8 | 16.2 | 13.0 | 18.4 | 4.5 | 8.1 | 8.7 | 4.5 | 2.7 | -24.2 |
| 12.6 | 15.5 | 38.7 | 20.3 | 28.3 | 9.1 | 11.7 | 10.2 | 8.3 | 7.2 | -23.8 |
| 10.8 | 23.4 | 36.1 | 22.7 | 30.8 | 6.7 | 12.2 | 11.5 | 8.3 | 5.0 | -70.7 |
| 9.2 | 16.9 | 19.9 | 14.5 | 17.5 | 4.6 | 7.7 | 7.3 | 4.6 | 2.0 | -24.5 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Cambridge Technology Enterprises Limited (CTEL) is a globally recognized provider of business and technology services, headquartered in Hyderabad, Telangana, India. With over 25 years of experience, CTEL has established itself as a **preferred technology partner for Fortune 100 enterprises**, delivering **more than 1,000 successful projects** across digital transformation, AI, data, cloud, and enterprise applications. The company is listed on the BSE and NSE in India and operates through a robust international subsidiary structure, enabling a 24/7 global delivery model.
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### **Core Business Focus**
CTEL specializes in end-to-end digital transformation solutions, with core expertise in:
- Artificial Intelligence (AI) & Machine Learning (ML)
- Data Engineering & Analytics
- Cloud Computing (AWS, Azure, Google Cloud, Oracle)
- Application Development & Modernization
- DevOps & SaaS
- Identity & Access Management (IAM)
- Internet of Things (IoT) & Industrial IoT (IIoT)
The company promotes an **AI-first strategy**, helping organizations become **AI-native enterprises** through its **AI-as-a-Service (AIaaS)** model and hybrid multi-cloud architectures.
---
### **Strategic Strengths & Capabilities**
#### **1. AI & Data Leadership**
- Offers scalable solutions in **LLMs, NLP, computer vision, and predictive analytics**.
- Integrates advanced AI models into enterprise workflows to improve **efficiency, decision-making, and predictive capabilities**.
- Transforms experimental AI projects into **enterprise-ready, production-grade solutions** with measurable ROI.
- Focuses on **responsible AI**, emphasizing fairness, accountability, transparency, and ethical deployment practices.
#### **2. Industry-Specific Solutions**
CTEL delivers tailored solutions across high-impact verticals:
| **Vertical** | **Key Services & Use Cases** |
|-------------|-------------------------------|
| **Banking, Financial Services & Insurance (BFSI)** | AI-driven fraud detection, real-time risk assessment, credit scoring, and cross-border electronic trading infrastructure for global capital flows. Personalization via behavioral analytics. |
| **Healthcare & Life Sciences** | Accelerated drug discovery via generative AI and LLMs; predictive models in genomics; personalized medicine; clinical research automation; integrated low-code workflows across supply chain and financial systems. |
| **Energy & Industrials** | AI-powered optimization of energy production, transmission, and consumption. Smart grid technologies aimed at reducing dependency, cost, and waste—particularly in US residential and commercial sectors. Supports a global leader in energy management and automation. |
| **Security & Access Management** | AI-driven data storage, fraud detection, compliance reporting, and risk management for one of the world’s largest data security firms. |
| **Manufacturing & IIoT** | Industrial IoT solutions that improve operational visibility, reduce cycle time, lower costs, and minimize waste. |
#### **3. Cloud & Technology Partnerships**
- Cloud practice launched in **Q1 2010**, now with deep expertise across **AWS, Azure, Google Cloud, and Oracle**.
- Maintains **over 40 AWS-certified engineers** (SysOps and DevOps) and a fully AWS-certified managed services team.
- Strategic partnerships with **AWS, Google, Oracle, Atlassian, Confluent, Tricentis, and OutSystems**.
- In **2023**, formed a strategic alliance with **OutSystems** to deliver rapid, low-code application development and establish **Centers of Excellence (CoE)** for scalable software delivery.
#### **4. Global Delivery & Infrastructure**
- Operates through a layered group structure:
- **Wholly owned subsidiaries** in the USA (Cambridge Technology Inc.), Singapore (Cambridge Technology Investments Pte Ltd), and India.
- **Step-down subsidiaries**:
- Philippines: *Cambridge Bizserve Inc.* (under Singapore entity)
- Malaysia: *CT Asia SDN BHD / CT Software Solutions Sdn Bhd* (SEA regional HQ)
- USA: *Cambridge Technology Financial Services Inc.* (under US parent)
- Development centers and offices in:
- **India**: Hyderabad (registered office), Bengaluru, Mumbai, Chennai
- **USA**: Atlanta, Boston, Topeka (KS), Norcross (GA), Cambridge (MA), Louisville (KY)
- **Asia**: Singapore, Davao City (PH), Johor Bahru & Kuala Lumpur (MY)
---
### **Technology & Service Offerings**
#### **Data & Analytics**
- Modern data architecture, data lakes, ETL pipelines, and data observability.
- Unifies fragmented data sources for real-time processing and scalable analytics in hybrid/multi-cloud environments.
- Enables AI/ML and BI readiness with reliable, traceable data.
#### **AI & Machine Learning**
- Full lifecycle AI/ML services: data engineering → model development → systems integration → feedback loops.
- Deploys high-impact use cases using **custom ML pipelines** and **interoperable platforms**.
- Focus on **last-mile operationalization**—bridging the gap between pilots and enterprise deployment.
#### **Application & Infrastructure Services**
- Modernizes core systems (ERP, CRM, supply chain) via **cloud-native, API-first, modular, and low-code approaches**.
- Offers **DevOps, SaaS, mobility, and IAM services**, often integrated with Atlassian and ForgeRock technologies.
- Provides **AI-led agile application development** to reduce time-to-market and enhance user experience.
#### **IoT & IIoT**
- End-to-end services: firmware engineering, data pipelines, real-time analytics.
- Targets markets where connected devices are projected to exceed **32.1 billion by 2030**.
- Focus on secure data management, fraud detection, and compliance in high-data-volume ecosystems.
---
### **Market Position & Strategic Initiatives**
- **Global Clientele**: Serves global institutions, including leaders in BFSI, energy, healthcare, and data security.
- **Geographic Expansion**:
- Acquired a UAE-based entity in **2024** to expand footprint into Dubai and Ras Al-Khaimah.
- Strengthening presence in **Southeast Asia (SEA)** via Malaysia subsidiary.
- **Strategic Collaborations**:
- Partnership with **EOS Data Analytics** (2021) for AI-powered satellite imagery in AgriTech (e.g., oil palm monitoring in Malaysia and India), with future expansion into energy and climate resilience.
- One-year collaboration with **Tricentis** to enhance testing and digital quality solutions.
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### **Governance, Certifications & Financials**
#### **Certifications & Standards**
- **ISO 20000-1:2018** (IT Service Management)
- **ISO 27001:2022** (Information Security Management)
- **ISO 9001:2015** (Quality Management)
- **CMMI Maturity Level 5** (v1.3) — Highest level of process optimization and predictability.
#### **Organizational Structure**
- **Single Reportable Segment** (as per Ind AS 108), indicating unified operations across geographies and services.
- Consolidated financial statements prepared under **Ind AS 110**, including all wholly owned and step-down subsidiaries.
#### **Workforce**
- Employs **over 600 professionals** globally (as of Sep 2024), with specialized teams in AI, cloud, data, and DevOps.
- Invests in **competency centers in India and the USA** for workforce upskilling.
---
### **Leadership (as of 2023–2025)**
- **C.S. Leeladhar**: Chief Financial Officer (CFO), Chartered Accountant with 28+ years of experience in finance, taxation, and M&A.
- **Dr. Rajan Lukose**: CTO & Chief Data Scientist (USA), with 20+ years of research experience and 25+ patents in computational finance and analytics.
- **Sanjiv Nathwani**: Chief Business Officer, Cambridge Technology Inc. (USA), former executive at Deloitte, Goldman Sachs, Freddie Mac; MBA from Kellogg.
- **Raghavan Madabhushi**: Senior Vice President, Emerging Markets & New Accounts; 22+ years in IT strategy and transformation; co-founder of two tech firms.
---
### **Recent Developments (Aug 2025 Update)**
- Reinforced position as a strategic enabler of **enterprise AI adoption**, turning experimental models into measurable business outcomes.
- Enhanced capabilities in **real-time intelligence, cross-platform interoperability**, and **continuous strategy refinement** for long-term partnerships.
- Strengthened focus on **sustainability in energy**, **precision agriculture**, and **climate-smart technologies** through AI and satellite analytics.
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